Chenango’s sales tax collections ticked higher in fourth quarter
NORWICH – After three quarters of decline, Chenango County’s fourth quarter 2009 receipts were up 1.83 percent over the same period last year, according to Treasurer William E. Evans.
The quarterly figure is ahead of a previous New York State Department of Taxation and Finance report showing collections in the county down 0.6 percent. Evans speculated that auto sales from the federal Cash for Clunkers program may have boosted collections.
“We’re up just a whisker and we’ll take it. It’s good news for us,” he told members of the Finance Committee last Thursday.
But the county’s treasurer was quick to point out that adjustments were sometimes made after collections have been tabulated for a specific quarter. “We have had situations where we’ve seen been posting errors on their part, (the state’s),” he said.
Gross sales were down about a million dollars from $18.299 million in 2008 to $17.184 million last year.
The amount of sales tax collections that make up the county’s general fund is also down $426,000, from $7.3 million in 2008 to $6.8 million in 2009. When compared to this year’s estimated budget at $6.750 million, Evans said the margin “is favorable,” but “getting slimmer.” He said he expected it would be less again this year as a result of the nation’s continued economic decline.
Dedicated 1 percent sale tax collections for the Chenango County Public Safety Facility were $4.889 million in 2008 compared to $4.559 million last year. The amount covered the facility’s budget and the excess went against the decline in boarding in revenues last year, Evans said.
Finance Committee Chairman Lawrence Wilcox, R-Oxford, commended Evans for keeping Chenango County “better off than other counties around us.”
The state’s tax department indicated that the most counties experienced five straight quarters of decline in sales tax revenue and more than a dozen saw double digit decreases over the same period the last year.
The quarterly figure is ahead of a previous New York State Department of Taxation and Finance report showing collections in the county down 0.6 percent. Evans speculated that auto sales from the federal Cash for Clunkers program may have boosted collections.
“We’re up just a whisker and we’ll take it. It’s good news for us,” he told members of the Finance Committee last Thursday.
But the county’s treasurer was quick to point out that adjustments were sometimes made after collections have been tabulated for a specific quarter. “We have had situations where we’ve seen been posting errors on their part, (the state’s),” he said.
Gross sales were down about a million dollars from $18.299 million in 2008 to $17.184 million last year.
The amount of sales tax collections that make up the county’s general fund is also down $426,000, from $7.3 million in 2008 to $6.8 million in 2009. When compared to this year’s estimated budget at $6.750 million, Evans said the margin “is favorable,” but “getting slimmer.” He said he expected it would be less again this year as a result of the nation’s continued economic decline.
Dedicated 1 percent sale tax collections for the Chenango County Public Safety Facility were $4.889 million in 2008 compared to $4.559 million last year. The amount covered the facility’s budget and the excess went against the decline in boarding in revenues last year, Evans said.
Finance Committee Chairman Lawrence Wilcox, R-Oxford, commended Evans for keeping Chenango County “better off than other counties around us.”
The state’s tax department indicated that the most counties experienced five straight quarters of decline in sales tax revenue and more than a dozen saw double digit decreases over the same period the last year.
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